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Gulf oil exports in June rose by more than 3.00 mln b/d versus May to top 10.00 mln b/d, but remain roughly 40% below pre-war levels. UAE-led flows freed millions of barrels stranded in the Gulf, enabling producers to raise output and helping push oi

2026-07-03

Gulf oil exports in June rose by more than 3.00 mln b/d versus May to top 10.00 mln b/d, but remain roughly 40% below pre-war levels. UAE-led flows freed millions of barrels stranded in the Gulf, enabling producers to raise output and helping push oil prices back toward pre-war levels. Kpler shows combined crude and condensate exports from Saudi Arabia, the UAE, Kuwait, Iraq and Iran rose by over 3.50 mln b/d to 10.07 mln b/d. Freight analytics firm Vortexa estimates June shipments at 10.20 mln b/d, up from 7.00 mln b/d in May but down from 16.50 mln b/d a year earlier.

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2026-07-03

Shanghai Gold Exchange Gold T+D rose 1.95% in early trade on Friday, July 3, to 904.45 yuan/gram; Silver T+D gained 2.63% to 14,961 yuan/kg.

Shanghai Gold Exchange Gold T+D rose 1.95% in early trade on Friday, July 3, to 904.45 yuan/gram; Silver T+D gained 2.63% to 14,961 yuan/kg.
2026-07-03

According to CBS News: The United States says it is monitoring the oil market to prevent price manipulation.

According to CBS News: The United States says it is monitoring the oil market to prevent price manipulation.
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